Genimous Technology Balance Sheet Health
Financial Health criteria checks 5/6
Genimous Technology has a total shareholder equity of CN¥4.0B and total debt of CN¥100.2M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are CN¥4.5B and CN¥499.5M respectively. Genimous Technology's EBIT is CN¥130.7M making its interest coverage ratio -0.5. It has cash and short-term investments of CN¥1.5B.
Key information
2.5%
Debt to equity ratio
CN¥100.21m
Debt
Interest coverage ratio | -0.5x |
Cash | CN¥1.48b |
Equity | CN¥4.03b |
Total liabilities | CN¥499.47m |
Total assets | CN¥4.53b |
Financial Position Analysis
Short Term Liabilities: 000676's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥473.9M).
Long Term Liabilities: 000676's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥25.5M).
Debt to Equity History and Analysis
Debt Level: 000676 has more cash than its total debt.
Reducing Debt: 000676's debt to equity ratio has reduced from 4.6% to 2.5% over the past 5 years.
Debt Coverage: 000676's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000676 earns more interest than it pays, so coverage of interest payments is not a concern.